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What's New in Financial Aid and Scholarships

Financial Aid Disbursement Dates - Fall 2018

Fall financial aid will begin disbursing on Monday, August 13 for eligible students. We encourage you to complete all of your tasks in CalCentral as soon as possible, resolve any holds and enroll in a minimum of 6 units to ensure an on-time disbursement. Please allow 3-4 weeks for document processing. Processing is completed on a first-come, first-served basis and processing times will increase as we approach the start of the semester. 

 

Emergency Loan Program Dates

The Summer Emergency Loan application closes on Friday, August 10. The Emegency Loan application for fall 2018 will open on Wednesday, August 15. Visit the Short Term Emergency Loan website for more information about Emergency Loans.

 

What's the Fastest Way to Receive Your Financial Aid Refund?

If you have not already signed up for Electronic Funds Transfer (EFT) to receive your refunds through direct deposit, you can still sign up via CalCentral! Activation may take up to seven business days. Until EFT is activated, paper refund checks are printed and held for you to pick up at Cal Student Central. Don't wait in line for a paper check this semester!

 

2017-18 Satisfactory Academic Progress

Satisfactory Academic Progress (SAP) evaluation for 2017-18 will take place after summer grades post. If you fail SAP after the evaluation, you will be notified via email and a task in CalCentral. Visit the Satisfactory Academic Progress website to find out more about how summer enrollment impacts SAP.

 

Financial Aid and Student Health Insurance Plan (SHIP) FAQS

All students are required to have insurance at UC Berkeley. Not all students or families understand how enrolling in SHIP may impact their financial aid. Review our Financial Aid and Student Health Insurance Plan (SHIP) FAQs page for more information on how enrolling and/or waiving out of SHIP may impact your awards.  

For 2018-19, SHIP has been added to students' budgets and additional aid has been awarded for those students who have not waived out. Please check your awards in CalCentral for any updates to your awards.

 

2018-19 Cost of Attendance Adjustment Requsts

The Cost of Attendance Adjustement Request form will be available in September 2018. New this year-students will be able to complete, sign and submit the form entirely online!

 

2019-20 Financial Aid Applications Available October 1

Each October the Free Application for Federal Student Aid and the California Dream Act Application become available for the next academic year. It is important to complete your application as soon as possible to meet all financial aid deadlines. The application priority deadline is March 2. If you file after March 2, some types of financial aid may be limited. For more information, visit the FAFSA website and the Dream Act website.

Our staff is here to guide you and your family through the financial aid process from start to finish. Please complete your aid application and allow the Financial Aid and Scholarhsips Office to determine your eligibility for federal, state and institutional support that can support you in achieving your educational goals. 

Note: The IRS Data Retrieval Tool is available for FAFSA filers for the 2019-20 application cycle per the Department of Education. To ensure the accuracy of your FAFSA information, we strongly encourage students and families to use the IRS Data Retrieval Tool when completing the 2018-19 FAFSA application. 

 

Money Management Resources Available

Need help managing your money? Bears for Financial Success is a peer-to-peer program on campus to help you manage your personal finances. You can schedule an appointment with a peer mentor or check out our website for more information. 

 

This page was last updated on August 3, 2018.